Property Week

Commercial property tweets and more from the Property Week team. See @pw4jobs for careers opportunities and @PWnews for our RSS newsfeed.

[Property Week @PropertyWeek]

Data sits at the core of how AI can transform the property sector, but is the industry adapting or falling behind?

Read Tim Clark's report: https://t.co/Sd5C9IlbgP

#AI #ArtificialIntelligence

[Property Week @PropertyWeek]

Berkeley Group and Birmingham City Council’s £2.2bn Ladywood Estate regeneration has become the latest urban masterplan to be axed due to “significant” viability pressures.

Read Ciaran Nerval's report: https://t.co/DugsKCdds7

#RealEstate #Birmingham

[Property Week @PropertyWeek]

Housebuilder Taylor Wimpey has reported a slight dip in its sales rate during the year, with adjusted operating profit expected to be at the bottom end of the consensus range.

Read Ciaran Nerval's report: https://t.co/a3rux1W9bF

#RealEstate #Property #PropertySector

[Property Week @PropertyWeek]

This year’s Student Accommodation Conference & Awards will bring together leading organisations to discuss, debate and celebrate the sector’s contribution.

Read Adam Branson's report: https://t.co/5EGekt7wgf

#StudentAccommodation #StudentAccommodationConference

[Property Week @PropertyWeek]

Criterion Capital’s Zedwell Hotels has acquired New London House on Fenchurch Street in the City of London from Premier Inn owner Whitbread for an undisclosed sum.

Read Lewis Berrill's report: https://t.co/F1NoUrX0C8

#London #LondonRealEstate #LondonRealEstate

[Property Week @PropertyWeek]

Measures announced in the Budget could provide a ‘significant’ opportunity for the property sector – but viability and execution concerns remain.

Read Greg Pitcher's report: https://t.co/zZqRsdMGoz

#RealEstate #Property #Budget

[Property Week @PropertyWeek]

Related Argent chief operating officer Morwenna Hall has an engineering background, a skillset she says has been invaluable at the ambitious Brent Cross Town regeneration scheme.

Read Lem Bingley's report: https://t.co/MIKoGlwiKF

#RealEstate #PropertySector

[Property Week @PropertyWeek]

Farran Investments and equity partner GoldenTree have agreed a £107m acquisition of Birmingham's 3 Chamberlain Square, a prime office within the Paradise estate, from Federated Hermes.

Read Jamie Bennett-Ness' report: https://t.co/PBeFZ3eNUH

#RealEstate #Birmingham

[Property Week @PropertyWeek]

Housebuilder Vistry Group has started the “necessary process” of reducing its headcount, as part of a plan to cut its number of operating regions from 25 to 12.

Read Ciaran Nerval's report: https://t.co/iKH5wA8CAz

#PropertySector #RealEstate

[Property Week @PropertyWeek]

This year’s Student Accommodation Conference & Awards will bring together leading organisations to discuss, debate and celebrate the sector’s contribution.

Read Adam Branson's report: https://t.co/ybuzM6ZnkQ

#StudentAccommodationConference #PropertyWeekEvents

[Property Week @PropertyWeek]

The Public Accounts Committee has warned that any further delays to the planned restoration of the Houses of Parliament will cost nearly £500m for every year of setback.

Read Jamie Bennett-Ness' report: https://t.co/K0unkqlULi

#HousesofParliament #Parliment

[Property Week @PropertyWeek]

A scoping document has been filed to Camden Council for Lendlease and The Crown Estate’s Euston station masterplan, detailing proposals to provide up to 7m sq ft of mixed-use space.

Read Ciaran Nerval's report: https://t.co/cMfPCyq37O

#Euston #EustonStation

[Property Week @PropertyWeek]

Employment experts are warning developers not to get caught out by new rules requiring them to carry out right to work checks on workers indirectly employed via contractors.

Read Tim Clark's report: https://t.co/foqzGYqiU6

#RightToWork #RTW #RightToWorkUK

[Property Week @PropertyWeek]

Penta Real Estate has launched a £230m-plus joint venture with Staycity Group to fund the delivery of a 350-room aparthotel in Farringdon, London.

Read Lewis Berrill's report: https://t.co/lE9pqaHE5s

#London #LondonHotels #LondonRealEstate

[Property Week @PropertyWeek]

Drax and Brookfield have teamed up to jointly develop and operate £20bn worth of data centre capacity at Drax Power Station in North Yorkshire.

Read Lewis Berrill's report: https://t.co/fv6HDvmbum

#NorthYorkshire #Yorkshire

[Property Week @PropertyWeek]

Hayfin Capital Management and Capreon have completed the purchase of 280 Bishopsgate, their second big-ticket London office buy in the past year.

Read Jamie Bennett-Ness' report: https://t.co/mM2W7xk52F

#London #LondonRealEstate #LondonProperty

[Property Week @PropertyWeek]

With construction starts at the lowest levels since the pandemic, James Orr, head of I&L at Royal London Asset Management Property, tells PW why he believes this is the ideal time for long-term investors to build.

Read Andrew Saunders' report: https://t.co/MMriV5lkmO

[Property Week @PropertyWeek]

The British Film Institute, Frameworks and Verisure have signed for space at Twenty Two Upper Ground on London's South Bank.

Read Lawrie Holmes' report: https://t.co/pGGYfGOx5N

#London #SouthBank

[Property Week @PropertyWeek]

The gym and fitness sector continues to perform strongly, with operators expanding their number of sites.

Read Greg Pitcher's report: https://t.co/mdEIAQNr7l

#Gym #RealEstate #LuxuryGym

[Property Week @PropertyWeek]

Royal London Asset Management (RLAM) and developer Simten have secured approval to refurbish sites in Soho Square in London’s West End to develop a 55,000 sq ft office building.

Read Lawrie Holmes' report: https://t.co/9HfXhDxR77

#London #WestEnd